Tag: rally
Stock Market Outlook – Second Half Rally
The January Barometer, a well-known indicator of market performance for the calendar year, suggests that 2008 will be a disappointing year for investors in the U.S. stock market. Before you sell off all your investments, lets look at why this year may be different. Developed by Yale Hirsch of The Stock Market Almanac in 1972, […]
Financial Stocks – Close To A Bottom
Yesterday’s market gyrations were painful. After seeing the global markets sell off on Monday (a holiday for the US markets), the Dow Jones Industrial Average followed suit on Tuesday. We closed the day just under 12,000 after hitting an intra-day trading low of 11,508. We haven’t seen these levels since September 2006. Not to be […]